Rihanna is officially a billionaire at 33 years old, according to Forbes
CBSN
Singer-turned-beauty and fashion mogul Rihanna is officially a billionaire, Forbes announced on Wednesday. Her net worth is now an estimated $1.7 billion – about four years after launching her successful beauty line, Fenty Beauty, making her the richest female musician in the world.
It was her business – not her music career – that boosted her to billionaire status. She not only owns 50% of Fenty Beauty, which is named after her given name, Robyn Rihanna Fenty, but she also has a stake in lingerie brand Savage X Fenty. With her stake in the cosmetics company valued at $1.4 billion and her stake in the lingerie company worth an estimated $270 million, Rihanna is now the second wealthiest female entertainer, after Oprah, according to Forbes. Money made from her music career also adds to her portfolio.
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